Orion (OEC) Projected to Post Earnings on Wednesday

Orion (NYSE:OEC - Get Free Report) will likely be issuing its quarterly earnings data before the market opens on Wednesday, February 12th. Analysts expect the company to announce earnings of $0.25 per share and revenue of $437.03 million for the quarter. Investors interested in participating in the company's conference call can do so using this link.

Orion (NYSE:OEC - Get Free Report) last issued its earnings results on Thursday, November 7th. The specialty chemicals company reported $0.47 earnings per share for the quarter, missing the consensus estimate of $0.53 by ($0.06). The company had revenue of $463.40 million during the quarter, compared to analyst estimates of $489.01 million. Orion had a return on equity of 18.97% and a net margin of 1.67%. On average, analysts expect Orion to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Orion Stock Performance

Shares of OEC traded down $0.33 during trading hours on Friday, reaching $13.64. 428,200 shares of the company's stock traded hands, compared to its average volume of 413,094. The firm has a market capitalization of $787.30 million, a price-to-earnings ratio of 25.74 and a beta of 1.50. The company has a debt-to-equity ratio of 1.42, a current ratio of 1.24 and a quick ratio of 0.71. Orion has a twelve month low of $13.32 and a twelve month high of $26.05. The business's fifty day simple moving average is $15.64 and its two-hundred day simple moving average is $16.98.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the company. JPMorgan Chase & Co. upgraded Orion from a "neutral" rating to an "overweight" rating and lifted their price target for the company from $20.00 to $21.00 in a report on Monday, November 11th. StockNews.com lowered Orion from a "buy" rating to a "hold" rating in a report on Tuesday, October 15th.

Orion Company Profile

Orion SA, together with its subsidiaries, engages in the manufacture and sale of carbon black products. It operates in two segments, Specialty Carbon Black and Rubber Carbon Black. The company offers post-treated specialty carbon black grades for coatings and printing applications; high purity carbon black grades for the fiber industry; and conductive carbon black grades for batteries, polymers, and coatings.